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NOIDA TOLL BRIDGE moving in rectangle formation


NOIDA TOLL BRIDGE




  • Stock moving in rectangle formation in daily chart, technical indicates as long as stock is moving in between its formation trend will not be clear, but once stock closes and holds above 37.75 then further price rise can be seen.
  • As per monthly charts stock is also finding strong golden ratio resistance @ 37.75, this too will favor bulls once Noida Toll Bridge closes above.
  • Once stock closes and if holds above 37.75 then will find next strong resistance around 41.25. Close Watch.

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